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An offshore drilling rig
Business Developments & Projects

BP corroborates preliminary results of Rhino’s gas condensate discovery in Namibian waters

BP has backed the disclosed findings related to a recent gas condensate discovery, which Rhino Resources, an African energy exploration player, made off the coast of Namibia, with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.

about 9 months ago
Swedish tidal energy developer sees South Korea as ‘highly attractive market’
Authorities & Government

Swedish tidal energy developer sees South Korea as ‘highly attractive market’

Swedish tidal energy developer Minesto has taken part in a high-level delegation visit to South Korea, a country that the company finds highly attractive due to its “extensive tidal and ocean current resources”. Minesto CEO Martin Edlund was part of a Swedish high-level delegation to South Korea aim

about 9 months ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Business & Finance

Transocean rig drawing Beach Energy’s first chapter of Australian drilling campaign to a close

Beach Energy is edging closer to the end of the first phase of its drilling program in Australian waters, which is being conducted by a rig owned by Transocean, an offshore drilling giant.

about 9 months ago
MSC
Business Developments & Projects

MSC Cruises marks back-to-back shore power connections in Malta

The cruise division of the Switzerland-based shipping heavyweight Mediterranean Shipping Company (MSC) has marked another decarbonization target as complete, having connected two of its vessels to shore power in Valetta, Malta. According to the company’s officials, the MSC World Europa—the maritime

about 9 months ago
Six industry majors unite to commercialize cost- and emission-cutting subsea flowline heating tech
Business & Finance

Six industry majors unite to commercialize cost- and emission-cutting subsea flowline heating tech

DeepOcean as the project owner and its five partners have launched a joint industry project to commercialize an innovative subsea flowline heating technology designed to reduce manufacturing and installation costs by up to 35% and carbon emissions by 30% through the separation of pipeline and heatin

about 9 months ago
UK Ammonia Alliance launches to power decarbonization and economic growth
Business Developments & Projects

UK Ammonia Alliance launches to power decarbonization and economic growth

A coalition of businesses has formed the UK Ammonia Alliance (UKAA) to drive adoption of low-carbon ammonia across industry, energy, agriculture, and transport to support the UK’s energy security, decarbonization, and economic growth.

about 9 months ago
Melbourne and Shanghai ports shake hands on green shipping corridor
Business & Finance

Melbourne and Shanghai ports shake hands on green shipping corridor

Australia’s Port of Melbourne and China’s Port of Shanghai have joined forces to establish a green shipping corridor.

about 9 months ago
Port of Koper
Infrastructure

CMA CGM, Port of Koper to create automotive logistics JV

French shipping and logistics giant CMA CGM Group and the Slovenian Port of Koper have signed a declaration for the establishment of a joint venture (JV) for complementary services in the field of automotive logistics

about 9 months ago
Grain LNG
Business & Finance

QatarEnergy makes use of ‘largest LNG receiving terminal’ in Europe

QatarEnergy has started utilizing liquefied natural gas (LNG) storage and regasification capacity at a giant LNG terminal in the UK, which is described as Europe’s largest LNG regasification terminal, located at Isle of Grain to the east of London.

about 9 months ago
Thor rig; Source: Crystal Offshore via LinkedIn
Business & Finance

Borr rig embarks on multi-well oil & gas drilling job in Asia, another unit joining next month

UK-headquartered oil and gas player Pharos Energy has confirmed the start of drilling activities in Block 16-1, located in the shallow water Cuu Long Basin, off the coast of Vietnam. A jack-up rig, owned by Borr Drilling, an offshore drilling player, has begun this drilling assignment. This mobile o

about 9 months ago
Los Angeles
Collaboration

LA-Long-Beach-Shanghai green shipping corridor moves ahead in ‘full force’

The Los Angeles–Long Beach–Shanghai green shipping corridor, a “first-of-its-kind” initiative connecting ports between California and China, has achieved new milestones. As disclosed, the green shipping corridor, which is facilitated by C40 cities (a global network of mayors working to tackle the cl

about 9 months ago
Viking Vigor
Business & Finance

Turkish-built, methanol-powered subsea vessel faces deferred delivery

The delivery of a next-generation subsea vessel being built at the Turkish Sefine Shipyard for Norway’s Eidesvik Offshore and Agalas has been delayed for the third quarter of 2026, instead of the initial plan for early next year. The 100-meter-long Viking Vigor will be powered by methanol and, upon

about 9 months ago
Norwegian Cruise Line and Repsol ink long-term renewable marine fuels deal
Business & Finance

Norwegian Cruise Line and Repsol ink long-term renewable marine fuels deal

Cruise company Norwegian Cruise Line Holdings (NCLH) and Spanish multi-energy player Repsol have established “an unprecedent long-term relationship within the cruise industry” with a landmark 8-year agreement covering supply of renewable marine fuels at the Port of Barcelona.

about 9 months ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business & Finance

North Sea FPSO back online after temporary production halt

Serica Energy has disclosed the restart of production from a floating production, storage, and offloading (FPSO) vessel, which is deployed at its North Sea asset on the UK Continental Shelf (UKCS).

about 9 months ago
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